DEG 1.82% $1.35 de grey mining limited

Conglom monster, page-22

  1. 3,130 Posts.
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    $300-$500 AISC sounds crazy, but if possible could be the best part, the variations in the price of gold would not affect feasibility of ongoing mining operation.

    Hypothetically, if the POG fell to USD$800 oz, a lot of current miners may need to shut down operations and a lot of explorers would not get off the ground, as AISC of around AUD$1,000 is quite common if I am correct.

    The AISC is as important as the amount of gold IMO
 
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